The Hive Md Inc

Nonprofit profile at a glance

EIN
810948522
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2016
Location
Westminster, MD, USA
Phone
4434876361
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$172,530
Expenses
$122,294
Assets
$48,662
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Katelyn Speert (Ex-Officio and Executive Director)
  • Aaron Edwards (Board President)

People named in this filing

  • Katelyn Speert (Ex-Officio and Executive Director)
  • Aaron Edwards (Board President)
  • Barbara Diaz (Board Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to strengthen community-based supports for families impacted by incarceration, addiction, and trauma.

What it reported doing in 2024

Raising Resilience is our parent coaching & education program, providing parents and caregivers impacted by addiction, incarceration, and generational trauma with a 12-week coaching program and ongoing support. The program served 14 unique parents this year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.3%; rating input score 53
  • Program expense ratio: 75.2%; rating input score 75

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.1%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 27.4%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 23.9% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 21.7% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 53.3% of revenue deployed · 75.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $92K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.